Nigeria Drops Tax Charges Against Binance Executives: Family Spokesperson

The tax charges brought by the Federal Inland Revenue Service (FIRS) of Nigeria against Binance executives Tigran Gambaryan and Nadeem Anjarwalla have been dropped, a family spokesperson said in an emailed statement on Friday.

The FIRS agreed to revise the charges so that it serves only Binance, through its local representative. Gambaryan will no longer need to appear in court for the FIRS case and Binance is now the sole defendant in the case.

A money laundering trial is still scheduled with Gambaryan and Nadeem Anjarwalla remaining on that case. The next hearing in this case is scheduled for June 19th "where the application for an order for the enforcement of fundamental rights will be heard," the statement said. The trial is due to resume on June 20th. Gambaryan is still detained at Kuje prison.